Untitled section

84.10255 .

41.11(1g)

(1g)

 

Goals and accountability measures for economic development programs.

41.11(1g)(a)

(a)

In this subsection, “economic development program” means a program or activity having the primary purpose of encouraging the establishment and growth of business in this state, including the creation and retention of jobs, and that satisfies all of the following:

41.11(1g)(a)1.

1.

The program receives funding from the state or federal government that is allocated through an appropriation under ch. 20 .

41.11(1g)(a)2.

2.

The program provides financial assistance, tax benefits, or direct services to specific industries, businesses, local governments, or organizations.

41.11(1g)(b)

(b)

The department, in consultation with the Wisconsin Economic Development Corporation, shall do all of the following for each economic development program administered by the department:

41.11(1g)(b)1.

1.

Establish clear and measurable goals for the program that are tied to statutory policy objectives.

41.11(1g)(b)2.

2.

Establish at least one quantifiable benchmark for each program goal described in subd. 1.

41.11(1g)(b)3.

3.

Require that each recipient of a grant or loan under the program submit a report to the department. Each contract with a recipient of a grant or loan under the program shall specify the frequency and format of the report to be submitted to the department and the performance measures to be included in the report.

41.11(1g)(b)4.

4.

Establish a method for evaluating the projected results of the program with actual outcomes as determined by evaluating the information described in subds. 1. and 2.

41.11(1g)(b)5.

5.

Annually and independently verify, from a sample of grants and loans, the accuracy of the information required to be reported under subd. 3.

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2023-24 Wisconsin Statutes updated

through 2025 Wis. Act 103 and through all Supreme Court Orders and Controlled Substances Board Orders filed before and in effect on April 3, 2026.

Published and certified under s. 35.18. Changes effective after April 3, 2026, are designated by NOTES.

(Published 4-3-26)